11-04: 7-Eleven, Retail Center, Shopping Center, Office Building

1. 7-Eleven Strip Center in San Bernardino, CA: 6003 SF 2-yr old strip center with rare electric vehicle charging station and anchored by 7-Eleven. 100% leased by 3 national tenants. NOI $149K/yr. $2.22M. 6.75% cap. 
2. Retail Center in Fresno, CA: 13000 SF retail center completed in 2008 on 6.51 acres adjacent to AutoZone. 4.7 acres included in the deal. 11% leased. $NOI $157K/yr. $900K. 17.40% Proforma cap. 
3. Retail Center in San Diego, CA: 25,721 SF retail center on 1.69 ac lot at a busy intersection and next to I-15 in densely populated Southern California.  86% leased. NOI $521K/yr. $7.35M. 7.10% cap. Upside Potential. 
4. Shopping Center in Hickory, NC: 70,756 SF shopping center built in 1995 on over 10 acres of land. Anchored by Fresh Air Galaxy Foods & adjacent to Walgreens in highly desirable North Carolina region. 100% NNN leased. NOI $466K/yr. $4.78M. 9.75% cap. 
5. Strip Center in Mundy Township, MI: 12,443 SF newly constructed strip center on 2.75 acres across from new Meijer Superstore and next to Fwy-23 in Flint metro. 100% NNN leased with recognizable tenant mix: Borics, Subway, Snap Fitness, Verizon Wireless, Sprint and Bahama Breeze Tanning. NOI $157K/yr. $1.55M. 10.14% cap. 
6. Office Building in Arlington, TX: 6000 SF Class-A upscale office building at major artery close to The Parks at Arlington. 100% NNN leased to medical and professional tenants. NOI $65K/yr. $735K. 8.94% cap.   

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